The Pointy End
We’re at the pointy end of the stick when it comes to this bear market. Investors are apathetic, trade volumes are low, and demand is at its weakest.
G’day Folks,
The Bitcoin market is dead quiet.
No price movement.
Cyclically low trade volumes.
Sentiment in the absolute gutter.
Absolutely nothing is happening, and the market is in a state of total and complete apathy.
These are the conditions we historically see as we approach the pointy end of a bear market, where hopelessness peaks, and the maximum number of people start to truly believe the asset is never coming back.
Today’s post will be an assessment of the current market setup, and how I am thinking about what I suspect will end up being the last major chapter of this bear.
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